Market Snapshot | The platform-wide account long/short ratio for $ETH is 2.80, with the price down 1.8% over 24h.
Prices are falling, yet longs still make up the majority. Many traders are buying the dip or holding onto their long positions, so watch for a second leg down triggered by long-position stop-losses.
Sentiment indicators are useful as a reference, but shouldn’t be used as the sole basis for decisions. How do you interpret this?
NFA, DYOR.
Prices are falling, yet longs still make up the majority. Many traders are buying the dip or holding onto their long positions, so watch for a second leg down triggered by long-position stop-losses.
Sentiment indicators are useful as a reference, but shouldn’t be used as the sole basis for decisions. How do you interpret this?
NFA, DYOR.